“Square said that it sold $1.63 billion in bitcoin through its Cash App during 2020’s third quarter.” One side-note: I still don’t know anyone who uses this app. | learn more
Fred Wilson thinks the crypto industry, “owe[s] these elected officials an education on how crypto can address these important issues [around banking access] and why it is not a distraction from them.” I appreciate that crypto has folks like Fred […]
“An aggressive Bitcoin trade got crypto VC shop Paradigm flying out of the gate. But Fred Ehrsam and Matt Huang aim to do more than just generate outsized returns for their blue-blooded backers — they want to take alt-currencies into […]
It’s not a scam. Look upstream, because the ones paying 8% are actually earning even higher rates. | learn more
“For years, the rich have stored gold and euros in offshore bank accounts. Haven thinks everyone should have that level of privacy, minus the bank accounts.” | learn more
From the esteemed venture investor Fred Wilson: “I heard about a transaction that closed last week in which the buyer sent millions of USDC to the sellers’ wallet. Instead of wire instructions, scan a QR code and hit send. This […]
“In just eight weeks, Yearn has grown from a simple yield aggregator into a comprehensive DeFi ecosystem. Yearn’s asset management platform already manages more than $1B. If that weren’t enough, Yearn has already expanded into insurance and venture financing.” | learn more
“This week, more details surfaced around how MicroStrategy CEO Michael Saylor convinced the board of a publicly traded company to allocate nearly all of the company’s $500M cash position to bitcoin.” | learn more
The miner is in a part of Texas that’s flush with wind power. The nature of renewable energy creates periods where supply vastly outstrips demand. This unique dynamic is an opportunity for large energy users who have the flexibility to […]
“On August 20th, 2020, the team behind MetaMask— the most popular dApp-enabled wallet in the Ethereum ecosystem— announced a change to their software license.” | learn more